Vaswani Industries Limited (VASWANI) - Net Assets
Based on the latest financial reports, Vaswani Industries Limited (VASWANI) has net assets worth Rs1.52 Billion INR (≈ $16.44 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs5.03 Billion ≈ $54.40 Million USD) and total liabilities (Rs3.51 Billion ≈ $37.96 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Vaswani Industries Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.52 Billion |
| % of Total Assets | 30.23% |
| Annual Growth Rate | 15.27% |
| 5-Year Change | 34.31% |
| 10-Year Change | 61.28% |
| Growth Volatility | 33.28 |
Vaswani Industries Limited - Net Assets Trend (2006–2025)
This chart illustrates how Vaswani Industries Limited's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Vaswani Industries Limited for the complete picture of this company's asset base.
Annual Net Assets for Vaswani Industries Limited (2006–2025)
The table below shows the annual net assets of Vaswani Industries Limited from 2006 to 2025. For live valuation and market cap data, see market cap of Vaswani Industries Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs1.37 Billion ≈ $14.87 Million |
+13.02% |
| 2024-03-31 | Rs1.22 Billion ≈ $13.16 Million |
+7.99% |
| 2023-03-31 | Rs1.13 Billion ≈ $12.18 Million |
+5.45% |
| 2022-03-31 | Rs1.07 Billion ≈ $11.55 Million |
+4.36% |
| 2021-03-31 | Rs1.02 Billion ≈ $11.07 Million |
+4.67% |
| 2020-03-31 | Rs978.00 Million ≈ $10.58 Million |
+5.65% |
| 2019-03-31 | Rs925.72 Million ≈ $10.01 Million |
+7.00% |
| 2018-03-31 | Rs865.14 Million ≈ $9.36 Million |
-0.58% |
| 2017-03-31 | Rs870.17 Million ≈ $9.41 Million |
+2.08% |
| 2016-03-31 | Rs852.47 Million ≈ $9.22 Million |
+3.02% |
| 2015-03-31 | Rs827.48 Million ≈ $8.95 Million |
-0.61% |
| 2014-03-31 | Rs832.52 Million ≈ $9.00 Million |
+1.70% |
| 2013-03-31 | Rs818.59 Million ≈ $8.85 Million |
-10.96% |
| 2012-03-31 | Rs919.34 Million ≈ $9.94 Million |
+102.86% |
| 2011-03-31 | Rs453.19 Million ≈ $4.90 Million |
+12.27% |
| 2010-03-31 | Rs403.66 Million ≈ $4.37 Million |
+49.13% |
| 2009-03-31 | Rs270.69 Million ≈ $2.93 Million |
+15.00% |
| 2008-03-31 | Rs235.38 Million ≈ $2.55 Million |
+17.89% |
| 2007-03-31 | Rs199.67 Million ≈ $2.16 Million |
+116.25% |
| 2006-03-31 | Rs92.33 Million ≈ $998.54K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Vaswani Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 39299000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs392.99 Million | 28.58% |
| Common Stock | Rs313.46 Million | 22.80% |
| Other Comprehensive Income | Rs125.38 Million | 9.12% |
| Other Components | Rs543.02 Million | 39.50% |
| Total Equity | Rs1.37 Billion | 100.00% |
Vaswani Industries Limited Competitors by Market Cap
The table below lists competitors of Vaswani Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SeaTwirl AB
ST:STW
|
$20.80 Million |
|
VIRINCHI ORD (BSE)
NSE:VIRINCHI
|
$20.81 Million |
|
Agat Ejendomme A/S
CO:AGAT
|
$20.82 Million |
|
INIFY LABORATORIES AB
F:WY60
|
$20.83 Million |
|
DUG Foodtech AB (publ)
ST:VUXEN
|
$20.79 Million |
|
Rubicon Water Ltd
AU:RWL
|
$20.79 Million |
|
Resverlogix Corp.
TO:RVX
|
$20.79 Million |
|
Penpower Technology Ltd
TWO:5211
|
$20.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vaswani Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,216,507,000 to 1,374,844,000, a change of 158,337,000 (13.0%).
- Net income of 86,043,000 contributed positively to equity growth.
- Share repurchases of 70,000,000 reduced equity.
- New share issuances of 70,000,000 increased equity.
- Other comprehensive income increased equity by 10,897,999.
- Other factors increased equity by 61,396,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs86.04 Million | +6.26% |
| Share Repurchases | Rs70.00 Million | -5.09% |
| Share Issuances | Rs70.00 Million | +5.09% |
| Other Comprehensive Income | Rs10.90 Million | +0.79% |
| Other Changes | Rs61.40 Million | +4.47% |
| Total Change | Rs- | 13.02% |
Book Value vs Market Value Analysis
This analysis compares Vaswani Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.30x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.00x to 1.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs14.58 | Rs58.36 | x |
| 2007-03-31 | Rs26.55 | Rs58.36 | x |
| 2008-03-31 | Rs17.63 | Rs58.36 | x |
| 2009-03-31 | Rs19.24 | Rs58.36 | x |
| 2010-03-31 | Rs27.86 | Rs58.36 | x |
| 2011-03-31 | Rs28.34 | Rs58.36 | x |
| 2012-03-31 | Rs36.88 | Rs58.36 | x |
| 2013-03-31 | Rs31.44 | Rs58.36 | x |
| 2014-03-31 | Rs29.68 | Rs58.36 | x |
| 2015-03-31 | Rs28.88 | Rs58.36 | x |
| 2016-03-31 | Rs29.75 | Rs58.36 | x |
| 2017-03-31 | Rs29.01 | Rs58.36 | x |
| 2018-03-31 | Rs28.84 | Rs58.36 | x |
| 2019-03-31 | Rs30.86 | Rs58.36 | x |
| 2020-03-31 | Rs32.60 | Rs58.36 | x |
| 2021-03-31 | Rs34.12 | Rs58.36 | x |
| 2022-03-31 | Rs35.61 | Rs58.36 | x |
| 2023-03-31 | Rs37.55 | Rs58.36 | x |
| 2024-03-31 | Rs40.55 | Rs58.36 | x |
| 2025-03-31 | Rs45.06 | Rs58.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vaswani Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.26%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.09%
- • Asset Turnover: 1.14x
- • Equity Multiplier: 2.63x
- Recent ROE (6.26%) is above the historical average (4.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 5.50% | 3.89% | 0.41x | 3.48x | Rs-4.16 Million |
| 2007 | 2.27% | 1.18% | 0.55x | 3.52x | Rs-15.43 Million |
| 2008 | 14.47% | 4.64% | 0.76x | 4.09x | Rs10.52 Million |
| 2009 | 15.11% | 3.06% | 1.49x | 3.32x | Rs13.83 Million |
| 2010 | 9.12% | 4.00% | 0.80x | 2.86x | Rs-3.55 Million |
| 2011 | 10.93% | 3.41% | 1.02x | 3.16x | Rs4.21 Million |
| 2012 | 1.19% | 0.50% | 1.45x | 1.65x | Rs-81.02 Million |
| 2013 | -13.90% | -5.31% | 1.29x | 2.03x | Rs-195.60 Million |
| 2014 | 0.04% | 0.01% | 1.30x | 2.09x | Rs-82.96 Million |
| 2015 | 1.39% | 0.45% | 1.58x | 1.95x | Rs-71.24 Million |
| 2016 | 1.35% | 0.49% | 1.46x | 1.91x | Rs-73.70 Million |
| 2017 | 2.03% | 0.69% | 1.59x | 1.84x | Rs-69.32 Million |
| 2018 | 5.21% | 1.90% | 1.39x | 1.97x | Rs-41.44 Million |
| 2019 | 1.25% | 0.36% | 1.61x | 2.14x | Rs-80.97 Million |
| 2020 | -2.58% | -0.72% | 1.80x | 2.00x | Rs-123.01 Million |
| 2021 | 3.97% | 1.29% | 1.60x | 1.92x | Rs-61.75 Million |
| 2022 | 4.14% | 1.18% | 1.73x | 2.03x | Rs-62.60 Million |
| 2023 | 5.34% | 1.53% | 1.95x | 1.79x | Rs-52.53 Million |
| 2024 | 7.43% | 2.32% | 2.06x | 1.55x | Rs-31.32 Million |
| 2025 | 6.26% | 2.09% | 1.14x | 2.63x | Rs-51.44 Million |
Industry Comparison
This section compares Vaswani Industries Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $56,981,137
- Average return on equity (ROE) among peers: 11.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vaswani Industries Limited (VASWANI) | Rs1.52 Billion | 5.50% | 2.31x | $20.79 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $4.99 Billion | 10.25% | 2.32x | $2.44 Million |
| APL Apollo Tubes Limited (APLAPOLLO) | $155.16 Million | 43.49% | 4.18x | $5.72 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $4.61 Billion | 15.96% | 1.74x | $501.93 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $-1.62 Billion | 0.00% | 0.00x | $38.63 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $222.58 Million | 9.47% | 2.22x | $164.68 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-10.96 Billion | 0.00% | 0.00x | $111.23 Million |
| Grand Foundry Limited (GFSTEELS) | $-32.83 Million | 0.00% | 0.00x | $4.07 Million |
| Goodluck India Limited (GOODLUCK) | $978.14 Million | 20.56% | 2.88x | $451.00 Million |
| Godawari Power And Ispat limited (GPIL) | $2.07 Billion | 26.10% | 1.64x | $2.08 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $152.16 Million | -10.33% | 2.30x | $111.44 Million |
About Vaswani Industries Limited
Vaswani Industries Limited engages in the manufacture and trading of iron and steel products in India. It operates through the Iron & Steel, Power, Real Estate, and Agri Division segments. The company offers alloy ingots, billets and blooms, and sponge irons, as well as value-added products, including induction furnace, steel billets, rolling mill, thermo-mechanically treated bars, and forging an… Read more